Business Objective:

Increase in lab throughput and cost reduction through Lab Performance Analytics.

Key Solution:

• Detailed LIMS data was ingested, KPIs were calculated and stored into a big data lake
• Analysis of OTC and TAT for all requests, pending requests, completed and pending tests
• Cost data is ingested from the financial system (non-LIMS data source). Across dimensions, the analysis tracks KPIs such as: total turnover cost, billed turnover cost, and unbilled turnover
• Identifies high cost pools for potential cost reduction 
• Benchmarking across labs – Comparison of relative costs and TAT costs for tests performed in different labs 
• Highlights “which” lab test is costing “what”, and which/where high margin tests should be performed to maximize ROI

Business Impacts & Outcomes:

• Increased transparency and insights of lab performance
• Improved operations workflow
• Reduction of bottlenecks and costs